9-12

Edit 0 7 …
Theme 1: The Economic Way of Thinking
CCSS Correlation
  • Mathematics
    • Quantities (N-Q): Reason quantitatively and use units to solve problems
  • Literacy:
    • SL1
    • SL4


Essential Understandings, i.e. "People recieve money in many ways."
  • Being able to make decisions to guide yourself to future (financial) success
  • Becoming financially minded.


Curriculum Integration
  • Social Studies
  • Economics
  • Math
  • Consumer Science
  • English

Modification for ELL, SPED, etc.
  • Millionaire Game: find examples that challenge each fact


Extension
  • Research individuals who are financially successful vs. those who are not financially successful


Pre and Post Assessments
Pre-assessments
  • Write a short essay on how one can become a millionaire (don’t say get a good job)
  • Vocab graphic organizer/crossword puzzle
Post-assessments
  • Vocabulary quiz
  • Design/develop a decision which utilizes the 5-step decision making process



Theme 2 Earning Income


CCSS Correlation


Essential Understandings, i.e. "People recieve money in many ways."
  • Identifying different opportunities and different ways you can earn money
  • Being ready for the job acquisition process and why your paycheck has deductions


Curriculum Integration



Modification for ELL, SPED, etc.



Extension
  • Lesson 3: Decision Making
    • Lesson 3.3: After outlining their criteria and alternatives, have students research different cameras and/or computers at local electronic stores and consumer reports. Students should decide on a make/model. Present findings to class and discuss why he/she chose that particular camera/computer.


Pre and Post Assessments
Pre-assessments
  • Vocab graphic organizer/crossword puzzle
  • Online interest inventories

Post-assessments
  • Utilize the Occupational Outlook Handbook and O*NET to research a career of choice and develop a PowerPoint
  • Analyze paycheck stubs and answer questions related to it
  • Individually develop a resume, cover letter and thank you letter
  • Peer mock interviews
  • Vocabulary quiz
  • Dress up day like you would for an interview
  • Obtain real job applications to fill out for practice
  • PowerPoint or research paper on a famous entrepreneur
  • Internet scavenger hunt on famous entrepreneurs
  • Complete on their own a 1040EZ


References
  • Job search sites like Monster.com or CareerBuilder.com
  • Videos on famous entrepreneuers
  • Bureau of Labor Statistics Occupational Handbook www.bls.gov/oco
  • IRS official website www.irs.gov











Theme 3: Money Management

CCSS Correlation

Essential Questions
  • Knowing that financial services and products exist to help protect your assets and minimize the risk of losing your assets.
  • Using your money to make wise financial decisions
Curriculum Integration

Modification for ELL, SPED, etc.

Extension
  • Lesson 8: After students have completed the mock budgets 8.2A and 8.2B, they will pair up with another student in class as a “couple”. Each will decide on a career, using that careers average salary for their income. From there they will create a budget for the two of them. They should research specifically the cost of groceries, clothing, heating/electricity, rent, etc in their local area.
Pre and Post Assessments
Pre-assessments
  • Vocabulary graphic organizer/crossword
  • Graphic organizer on choosing a bank and what banks offer

Post-assessments
  • Create a cash flow analysis
  • Create a budget using Excel
  • Write out checks and complete a check register for a fictional person based on one month of spending
  • Vocabulary quiz
References
  • Banks.com
  • eInsurance.com



Theme 4: Spending & Credi
CCSS Correlation


Essential Understandings, i.e. "People recieve money in many ways."
  • Credit can be helpful to purchase big ticket items like cars, houses, but can set you up to financial hardship due to accrued interest, your credit score, and scams like identity theft.


Curriculum Integration



Modification for ELL, SPED, etc.



Extension
  • Lesson 13: Applying for Credit
    • Students poll teachers/parents for which type of credit they hold
      • graph and examine the results
    • Do an anonymous poll on teachers/parents credit debt: average ranges for debt on car loans, college loans, personal loans, credit cards etc. (ie. I owe $0-1,000/1,000-5,000/5,000-10,000/10,000+ in car loans)
  • Lesson 16: Shopping for a Mortgage
    • Have students interview teachers/family members who have purchased a home and who currently rent
    • Potential questions: Why do you own a home/rent? What challenges did you face when you purchased your home or finding a mortgage? If you rent, do you plan to purchase a home?

Pre and Post Assessments
Pre-assessments
  • Vocabulary graphic organizer/crossword
  • Credit survey from TheMint.org
  • Are you credit worthy? Questionnaire
  • Graphic organizer for the advantage s and disadvantages of credit.
References
Theme 5: Saving & Investing
CCSS Correlation


Essential Understandings, i.e. "People recieve money in many ways."
  • Knowing that finance is a lifelong commitment that should begin early in order to take advantage of the time value of money in investing
  • Money may not grow on trees, but through different investment vehicles you can make your money grow


Curriculum Integration



Modification for ELL, SPED, etc.



Extension
  • Have a financial adviser speak to students about investing. They can talk to teens about what investments they can do now, and what types of investment they should do during different points in their life (ie. during/after college, when you get married, 10years before retirement, etc)


Pre and Post Assessments

References
  • A stock market game simulation
  • Use bank websites to see rates on CDs, MMAs